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Mideast oil output may drop in coming decade
UN economists say Middle East crude production likely to slow from 1960s onward. Demand in Europe will grow less than before, while higher Soviet exports and new reserves in Algeria and Libya influence the shift. The 1950s average expansion stood at 17 percent yearly.
MENTIONED IN THIS ARTICLE
United: Nations
Middle East
U.N
Europe
Soviet Union
United States
U. Ni
Economic and Social Council
Algeria
Libya